The federal government has opened the application process for the first Canadian Agricultural Youth Council. In a press release, Agriculture and Agri-Food Canada says the Council will identify new and emerging issues, enable on-going dialogue on challenges and opportunities, share information and best practices, and provide advice on the strengths and weaknesses of policies and… Read More
Category: Succession Planning
You might think that how your parents treated you growing up has little to do with what kind of employee or manager you are (yes, even on the farm), but in fact, parenting has a profound impact on how we interact in the workplace. Everything from how we dress and present ourselves, to our priorities,… Read More
Farmers will hear much talk of the need for resilience in the years ahead. From weather and markets, to trade, to family and managing day-to-day operations, farmers need to be able to cope with the challenges and setbacks that are routinely part of production agriculture. No one personifies resilience more than Springfield, PEI, dairy farmer… Read More
Why do family farm businesses fail? Quite often it’s not economics but rather family governance issues and relationship problems, says farmer and business consultant Dick Wittman. Many farms fail because operators don’t run the farm in a professional manner, says Wittman who learned plenty of valuable lessons managing a family-operated 20,000 acre crop, cattle, and… Read More
In a spin on ‘walk before you can run,’ Kristjan Hebert says that farmers need to focus on the data they already generate before thinking about large-scale data collection. Hebert, managing partner of Hebert Grain Ventures, says that farmers need to focus on understanding their own numbers such as debt servicing ratio and access and… Read More
The longevity of a business is less about how well it does in the good times, and more about how it fares through the rough patches. A farm being resilient can come in many forms, but usually comes down to the strength of the management team running it and the financial nimbleness of the overall… Read More
For 20 years, Len Davies has been helping Canadian farm families develop and implement farm succession plans. Over two decades, Davies and his Ontario-based Davies Legacy Planning Group have helped 600 farm families navigate the succession process. Farm Management Canada acknowledged Davies’ efforts by awarding him the 2019 Wilson Loree Award at its recent Agricultural… Read More
Working with family can be the most rewarding part of the farm business, but it also has the potential to be one of the most challenging aspects, full of emotion, relationship evolution, and conflict. In this episode of Mind Your Farm Business, host Shaun Haney is joined by Ed and Lyle Peters, father-son farm partners… Read More
We’ve seen results from an early-campaign survey on what Canadians are worried about in regards to food, and we’ve heard from each of the four main parties heading into this federal election. But what I want to know is, what are YOUR priorities, Canadian agriculture? As media, I watched the debate, I interviewed Sylvain Charlebois… Read More
It’s unlikely that anyone goes in to a marriage expecting it to fail, but the reality is that marriages do end, and when a farm business and farm property is involved it can get very messy, very quickly — It doesn’t have to be this way. Instead of thinking of a pre-nuptial agreement as an… Read More
When a farm business transitions from one generation to the next, there’s a laundry list of technical things to do — business structure changes, estate planning, loans, and insurance. But there’s more to farm succession than just the technical aspects, and Farm Credit Canada (FCC) has created a new role within the organization to help… Read More
Behind the scenes, to front and centre, women have always played a critical role in farming and in the agriculture industry. In this episode of Mind Your Farm Business, host Shaun Haney speaks with three women from unique backgrounds and stages of their careers, to talk about their perspective on the challenges and opportunities that… Read More
Trust is the basic building block of all relationships. You can’t have accountability, commitment, or constructive conflict without first having trust. A lack of trust or a breach of it is a business risk, but how do we first measure, then manage that risk? Trust, like the word strategy, is thrown around largely as a… Read More
It seemed like a rare opportunity to bring agriculture to the fore when, in 2014, the United Nations’ General Assembly declared it to be the International Year of Family Farming. At the time, it said the declaration was to “raise the profile of family farming and smallholder farming by focusing world attention on its significant role in eradicating hunger… Read More
The Ag Women’s Network (AWN) has announced that Farm Credit Canada (FCC) will fund this year’s mentorship program for Ontario women in agriculture. “A mentorship is a valuable tool for leadership development, and we are proud to offer the mentorship program for a second year. Our team has taken feedback from industry and last year’s… Read More